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A positive message from economist Art Laffer
ArkInvest ^ | Mar 24, 2023 | Cathie Wood & Art Laffer

Posted on 03/24/2023 6:52:38 PM PDT by DannyTN

The whole video is 1:02 hours. They had covered several topics and had been talking Money Supply and Crypto when Art delivered this message towards the end of the video. And this was extracted from Youtube transcript. I may not have attributed every word correctly. And Youtube may not have captured every word correctly.

...

Art: now you know why everyone's investing in Ireland because the capital is always Dublin.

...

Cathie: my biggest fear is we are going to lose Innovation

Art: we're not the we're not this is a

Cathie: we're not?

Art: no what you may lose this battle today but we're not going to lose the Innovation. the free market individuals are much greater than government. they really are. you have done an amazing job of showing that Cathy.

Art: now we may not win every battle. we may not win every time. but sooner or later bad monies are disappear from the place of the earth and good monies are held. and as long as the FED doesn't do a good job in maintaining the value of this money and the usefulness of it. and it's all dearest controlling you controlling you. uh as long as they do that we will ultimately win believe me when I tell you. and I don't know if it's Bitcoin. I don't know which one it is or how it is. you know that stuff better but we will win.

and we always the highest tax rate in 1944 was 94 today it's 37 that's a win.

in 1976 there was one state without a state death tax today there are 33 states without death taxes.

I could go on and on.

when I was a kid in Cleveland Ohio you could walk on Lake Erie today it's clean the fish are all back.

you know the air in Southern California in the Central Valley you know there it's all.

we are winning winning these battles we do have setbacks but don't ever lose your faith. we are truth beauty in the American way. and because of you Kathy that's what's happening that's why I'm your biggest fan. and I'm going to let it be that be the end of it because it's all right then.

Cathie: it's the whole truth for goodness sake oh thank you art you are wonderful you've made me feel so much better because this has been a dark period for this is a dark period

Art: but dark periods are what gives Sunshine its meaning absolutely absolutely. oh see see why everybody see why in the midst of a crisis I go to Art laugher and he just puts everything in perspective. brilliant brilliant thanks so much my pleasure. you have a great day and I'll see you soon but let's do that podcast on Taxes. I would probably go on on taxes you would find that one uh really as helpful as this. but everyone go buy arts book "taxes have consequences" and uh it is all part of the same discussion. it is it's all part of how do we get freedom and economics in another way of and how do we use individuals to create Prosperity rather than governments to crush it. ...


TOPICS: Miscellaneous
KEYWORDS: arthurlaffer; artlaffer; economy; laffercurve; punkmonetarist; stockmarket; winning
It's not the whole transcript, but larger than the size limit on excerpts.
1 posted on 03/24/2023 6:52:38 PM PDT by DannyTN
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To: DannyTN

Didn’t see that curve coming...


2 posted on 03/24/2023 7:43:41 PM PDT by null and void (While our enemies are on a war footing, we are pussyfooting!)
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To: DannyTN

Swamp economist Laffer screamed in support of bailouts - particularly SVB.

Zero credibilty.


3 posted on 03/24/2023 7:48:47 PM PDT by AAABEST ( NY/DC/CA media/political/military industrial complex DELENDA EST)
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To: DannyTN

.


4 posted on 03/24/2023 8:02:32 PM PDT by sauropod (“If they don’t believe our lies, well, that’s just conspiracy thmkeorist stuff, there.”)
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To: DannyTN

Is this in English? I can’t make heads or tails of the excerpt. Of course, I could click on the link and actually read the article, but that would violate years of FR tradition.


5 posted on 03/24/2023 8:21:33 PM PDT by noiseman (The only thing necessary for the triumph of evil is for good men to do nothing.)
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To: noiseman

It’s a video. And sometimes they are talking over each other.

There is a show transcript feature on youtube that I used to get a transcript. Then I added punctuation as best I could.

Probably if you went to the last 5 minutes of the video, you’d get Laffer’s positive comments.


6 posted on 03/24/2023 8:25:38 PM PDT by DannyTN
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To: DannyTN
There is a show transcript feature on youtube that I used to get a transcript. Then I added punctuation as best I could.

Probably if you went to the last 5 minutes of the video, you’d get Laffer’s positive comments.

Thanks, that makes sense now. The weirdness I was seeing in the text in places must have been because of mistakes that the automatic transcription algorithm made. The shakiness of things like Apple’s autocorrect and YouTube’s automatic transcription give me confidence that AI isn’t ready to take over the world quite yet.

7 posted on 03/24/2023 10:42:16 PM PDT by noiseman (The only thing necessary for the triumph of evil is for good men to do nothing.)
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To: DannyTN

These experts need you to stay in the game to make money. Fox Business was claiming the bank crisis was over the day after SVB folded and was bailed out.


8 posted on 03/25/2023 5:17:46 AM PDT by cp124 (80% of everything is fake or a lie.)
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